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's a common occurrence. when muni says they rarely use switch back it's incredulous. they feel it's a common experience in their muni experience as it is mine. now we will switch back to me. what i want to say one of the main findings in the report is the fact that out of all the transit systems we interviewed only one used switchbacks as muni does to -- >> can i interrupt you and ask you about that? >> yes. >> perhaps i missed it, but can you talk a little bit about the other jurisdictions that you spoke with? >> you know what we're going to have in jack's report -- he's going to talk about how we chose the other jurisdictions. >> great. >> and jack and i interviewed them together and some of the other jurors joined in on the interviews but our selection was based on the controller's report that compared systems and we selected the list from the controller and contacted those systems. we were also told that all of the systems in europe use switchbacks as a tool, so we took advantage of a vacation to contact three systems in paris, and speak to representative who knew about those three sy
's to u.s. lawmakers: avert the fiscal cliff, or risk a credit downgrade. >> tom: i'm tom hudson. we're going global with legendary investor mark mobius, franklin templeton's top strategist on the state of emerging marketnow. >> susie: and picture this: the u.s. is just a few years away from being the world's top oil producer, and self-sufficient. we'll tell you who's making that prediction, and investment strategies for your portfolio. >> tom: that and more tonight on "n.b.r."! >> susie: the u.s.'s top-notch credit rating is at risk. that's the warning today from moody's investor's service. the ratings agency told u.s. lawmakers that when it comes to the fiscal cliff, the time to act is now, not next year. moody's said if action on averting the cliff is delayed until 2013, it might downgrade the stellar credit rating on u.s. debt. right now moody's has a negative outlook on the u.s. economy. worries about a fiscal freefall, kept wall street stocks in check: the dow and nasdaq fell a fraction, while the s&p was up a fraction. american businesses are not only concerned about the fisca
to see everybody. thanks for joining us. carol, what are you expecting in 2013 under president obama's policies? >> i'm not expecting anything very good, maria. i think that we're going to end up with some sort of a slow down. i think whatever the compromise that ends up being made under this grand bargain, it's going to be something that ends up hurting unemployment. that being said, i think there's always a tale of two markets. from a broader market standpoint, i expect the market to be hurting. there's always opportunities to be had. >> steve, you have some breaking news earlier. you reported on janet yellen. tell us what that says about where we're headed in terms of economic growth in 2013. >> well, i think it tells us the fed is going to remain as loose as it possibly can through '13, '14, '15, and now even '16. janet yellen saying an optimal policy path, one that stays as close to 2% on inflation and tries to get the unemployment rate down to 6% could mean the fed remains easy through early 2016. by the way, they're thinking of scrapping all of that calendar date guidance thro
.1 million barrels a day. impact of hurricane sandy in the u.s., reduced, as well. crude oil supply dipped to a nine month low. so the demand being cut, patrick armstrong is where us, managing partner at investment managers. but that's clearly because of global weakness -- well, economic weakness in europe and hurricane impact. >> definitely. year over year, oil demand is up. we've had very weak economy in europe. not much growth in the united states. but i think that's the trend we'll be playing out for the next few years. >> oil 110 at the moment. is that a fair price? >> there's premium built in because of geopolitical risks. i think premium is probably justifiable. you look at wti at $23 discount to where breptd is. that's not sustainable in the long time, but given inventory levels, that will stay. >> do you keep your trade on oil? >> we have neutral position, but we're short the front month. respe respect. we make money by rolling the contracts the other way around. we're long oil in the 12 months forward rolling in to the 13th month and we end up with little more oil with that strat
and are going to have treatment. i also agree with tal, not necessarily everybody that uses drugs is an addict, and not necessarily everybody who uses drugs needs to have treatment. but having said that, people that we often come in contact with will be people who have a severe drug abuse problem and generally they also have a mental health issue problem, there are often housing problems, employment, many other problems, and that's the population we deal with often. and i think that figuring a way to have an intervention so that services are available for those that need it i think is really important. i don't necessarily agree a felony conviction is the vehicle to do so, but i think we have to make sure that as we lower the sanctions here, that we do have the tools and that we have the ability to distinguish between people that have a drug addiction problem, people that are using drugs recreationally and otherwise are a functional person. >> we're going to be taking audience questions shortly, so if you have a question, just try to get the attention of someone in the aisles. ethan, let me ask
with five u.s. airlines including alaska, american, delta, united and u.s. airways, we anticipate the t.s.a. precheck will be in 35 airports by the end of the year with b.w.i., san francisco, and orlando airports all coming online this week. an additional airlines will be coming onboard >> all of this briefing in our c-span networks. we'll take you live to the white house for the briefing with jay carney. >> good afternoon, ladies and gentlemen. thanks for being here. i have a brief statement to read at the top which is that today the president was able to continue returning messages of congratulations from his counterparts around the world. each call he thadged his counterpart for their friend -- thanked his counterpart for their friendship and expressed his desire for close cooperation moving ahead. the president spoke with president karzai of afghanistan, the prime minister of italy, the king of joshedian -- jordan, qatar, president putin of russia, and the president of spain. with that i'll take your questions. >> a couple questions about the scandal that many of us are now covering
allen is the top u.s. commander in afghanistan. was nominated to become nato's supreme commander as well. he has denied any wrongdoing. so, how are these people linked to the scandal? how are they connected? follow us. we'll try to explain this. general patreaus resigned after admitting to having an extra marital affair with paula broadwell. a friend jill kelley asked to investigate harassing e-mails see whas receiving from paula broadwell. the "wall street journal" saying the fbi agent who initiated the investigation at kelli's request is under scrutiny. the agent has not been identified but allegedly sent kelley shirtless photos of himself. started with a complaint about harassing e-mails. he here's what we know about the woman who made that complaint, jill kelley, married to a cancer surgery, she has three daughters, lived in tampa, well-known among washington social circles. they have been friends with general patreaus and his family for five years. friends describe kelley as an innocent victim about e-mails accuse kelley of flirting with patreaus. how does this impact the careers of
spread further. now it is the actions of the top u.s. commander in afghanistan called into question. failing its mandate, the bbc gains access into an internal report showing the united nations failed to protect civilians in sri lanka. >> they left actually at the moment the population needed them more than ever. the government wanted them out of the way essentially because they didn't want anyone to see what was happening. >> running the world in just a week. a marathon man on a mission that boo leave most of us in the dust. welcome to our viewers on public television in america and around the globe. bizarre. it is the only way to describe the scandal that has already claimed the job of the c.i.a. director and now has america's top commander in afghanistan under investigation. both are strange enough, but how do you explain the addition of a shirtless f.b.i. agent and 30,000 e-mails. here is the latest. >> it is a washington drama with a stellar cast. the spy chief, the top general and two women who soon found themselves at the heart of american power. the lid came off the scandal
. so brian's been helping us out with that along with loretta and the american ireland fund. thanks of course especially to president joya who has made me feel so welcome here and to dean of the mcdonough school of business and to j.t. right there who is learning the cords of sunday, bloody sunday instead of doing his homework. that's president's son. [applause] >> all right, j.t. and amu menam. you know, look at that. this is going to -- this is the spirit. and that is going to change the world. you have it in here in this room. you can feel it. and what a room it is, by the way. wow. i mean youtube has play -- i mean u 2 has played some nice halls. i don't know if this is a lectern or a pulpit, but i feel oddly comfortable. it's a bit of a worry, isn't it? so welcome to pop culture studies. 101, please take out your notebooks. today we're going to discuss why rock stars should never ever be given microphones at institutions of higher learning. you will receive no credits for taking this class. i'll even -- not even street credits. it's too late for that. i will be dropping in odds
, how much play is this getting over in london where you are? >> it's global fascination with the u.s. focused on this issue. they listen to what we say to each other and what we think is important. they're listening with some sense of whimsy with what we're up to. >> general, thank you so much. >>> and speaking of the fbi investigation, i guess, who on capitol hill should have been told, defense secretary leon panetta was asked about that this morning. >> that's another issue that we got to look at. as former director of cia and having worked very closely with the intelligence committees, you know, i believe that there's a responsibility to make sure that the intelligence committees are informed of issues that could affect, you know, the security of those intelligence operations. >> both mike rogers, they're going to press the cia over the time line of the investigation. >> we have rules and laws that specify when you kick these matters up the command chain. we'll find out if those rules were violated. looking at the fbi part of the investigation, if you're the superior of the guy wh
greevey will be our guest, georgia congresswoman tom price and florida congresswoman debbie wasserman schultz joins us. it's tuesday, november 13th, "starting point" begins right now. >>> morning, welcome, everybody. our "starting point" this morning. breaking news. another top military general has now been linked to the sex scandal that forced out cia director david petraeus. forced him to resign. general john allen, the commander of u.s. and nato forces in afghanistan is now under investigation for alleged inappropriate communications with jill kelley. now investigators are said to be looking into the 20,000 to 30,000 pages of e-mails and other documents that he sent to her. kelley, of course, is the florida woman whose original complaint to the fbi about threatening e-mails inadvertently exposed the affair between general petraeus and paula broadwell. meantime a team of fbi agents searched broadwell's home in charlotte, north carolina, overnight, and spent nearly five hours there wrapping up just after 1:00 in the morning. "wall street journal" is reporting that the fbi agent who launched the petra
us tomorrow. "squawk on the street" begins right now. >> markets waking up to the first full day of business after yesterday's holiday and the news flows back in full swing. good morning. welcome to "squawk on the street." i'm carl quintanilla along with melissa lee, jim cramer, david faber live at the new york stock exchange. futures in the red on cautious commentary from some retailers. management shake-up at microsoft and weak german business sentiment and this prolonged spat between the eu and imf over how to reduce greek debt. a beat and raise for the quarter for home depot. >> the man in charge of whippedos eat leaves microsoft just weeks after the product launches. >> jcpenney hits new lows. investors have to recognize that jcp is really two companies. we'll hear what he told becky, andrew and joe. >> lockup of all facebook shares tomorrow. >> first up, shares of home depot rising in free market pchlt home improvement retailer earned 75% a share in the quarter. that beat estimates. home depot raising full-year guidance citing signs of recovery in if the housing market. jim
on the show as soon as earnings come out. that will be at the top of the next hour. and nyse ceo with us giving us an update two weeks after sandy historically closed sandy for two days. >> still a miracle they got things open when they did. we're oall following the latest in the general petraeus scandal. unbelievable twists, even today. we have a roreport from washington. then, more on how this story is shedding light on how anything you write can be accessed. pretty scary stuff and something to think about. >> really. in the markets right now, fractional gains right now. the dow jones industrial average off the best levels of the afternoon, but still showing a gain of about 17 points. looks like investors wait and see until we get some solutions on the fiscal cliff. nasdaq is negative by a fraction. down about four points. off of the worst levels, by the way. s&p 500 is up about 3 3/4 points at 1383. >> in today's "closing bell" exchange, we have carol roth, bruce mccain, and our own rick santel santelli. rick, i'm going to start with you today because we see that stutter step opening
>>> good morning. breaking news. military misbehavior. overnight reports that the commander of u.s. forces in afghanistan, general john allen, is now under investigation. the fbi looking into thousands of, quote, potentially inappropriate e-mails exchanged with the woman who sparked the probe into cia director david petraeus. where will ts all lead? >>> costly. one of nascar's most famous drivers, jeff gordon, hit with a hefty fine for his role in this nasty post-race fight. >>> and we've got that one thing. just look at the crowd on our plaza this morning. thousands upon thousands of fans still pouring in for one direction today, tuesday, november 13th, 2012. >>> from nbc news, this is "today" with matt lauer and savannah guthrie live from studio 1a in rockefeller plaza. >>> and good morning. even the audio guy is excited this morning about our concert on the plaza. just wants to say it three times. we've got one direction here. it is huge, and we do mean huge. >> and just want to say i'm matt lauer, and you're right. huge. we're not going to qualify. our executive producer just c
are facing across the pond but also the situation we're facing right here at home. watch out, the u.s. could become the next grease. plus we're going back to the global leadership conference where she is surrounded by all kinds of business leaders. what do you have coming up? >> we were surrounded when richard branson was here. they scattered, they all went to go listen to what is of ccurse one of the most exciting and innovative entrepreneurs on the planet. coming up, another one, this time jimmy wale of wikipedia, the cofounder. you and i haven't spoken to him in the past. boy is he speaking now. all kinds of discussions about the influence that wikipedia now has today in the biggest of the big news stories and his thoughts on the stop on the piracy act that was stopped in part because he went and put wikipedia into the black, turned it off when he wanted to protest that act. we will talk to jimmy wales, one of the top entrepreneurs in america with what is next with him and wikipedia. david: thank you very much. before all of this stuff we will tell you what drove the market with the "data
% in the last year. we have cnbc tech reporter jon fortt will join us in a little whirl with more on the story at 7:00. and the new york stock exchange anticipate as normal session today after trading in more than 200 stocks were suspended yesterday due to a technical problem with a server. stocks in question continued trading in other markets. and a little goldman sachs news. they will reportedly tap the smallest nuch executives in more than a decade to join it highly coveted partnership ranks. goldman exacted to announce the promotion of only about 70 employees to partner. roughly one third less than knows named back in 2010. >> did your buddy make it? i have to explain as -- greg smith didn't make it? >> no, he did not. >> are you sure he wasn't on the list? >> he was not on the list. i think that's one of the reasons he ended up writing that book. i believe he made have made more money writing that book than some partners made this year. >> you checked, he is definitely on the -- >> pretty confident he's not. best headline of the day goes to the daily news. in the line of booty. i didn't g
producer just called up and talked to us and said that this is without a doubt the largest crowd we have ever had for a concert here in the many years we've been holding concerts on the "today" show. >> we didn't just fill our plaza. we filled all the surrounding streets and city blocks. sorry, nypd, it's absolutely huge, and we'll have a concert for the fans who have been waiting since last week in some instances. >> but first breaking news and developments in the scandal that led to the resignation of cia director david petraeus. >> as you might imagine, a lot of players and moving parts to this story, and it's just breaking this morning. we have a quick review. it all began when jill kelley, a florida socialite and married mother of three complained about ma racing e-mails. the fbi said it traced those e-mails to this woman, paula broadwell, a married west point graduate and biographer of david petraeus. >> keep with us. that led to the eventual discovery of a romantic relationship between broadwell and general petraeus, and now general john allen is involved over his correspondence w
's a potential ticket that they are facing, but who knows? maybe they will give us an early christmas present at wrap up a lot of this business. >> i just remembered, chuck schumer and i think lamar alexander the pushed or are trying to push this bill through the senate that would reduce the number of appointees that the senate has to confirm. i don't know that the house will go along with it, but that could come back in the 113th spent on on that optimistic note, i think we are adjourned until after lunch. it's alcohol to your right, and we will reconvene down there a little bit. thank you. >> and live naturally form with a number of leading economist and political scholars on the economy, national security and so-called fiscal cliff. economists for peace and security and the new america foundation's economic growth program are hosting this panel discussion. this is expected to last to go to early this afternoon. this is live coverage on c-spa c-span2. >> questions of military security, national security, economic security, social security, with the broad questions that we have all been grap
will adjust the election. ken burns is with us today. dagenn the footrace investigation. he said 30,000 e-mails to that tampa woman who triggered the fbi probe. connell: the president kicks off his fiscal cliff meetings with labor leaders. those readings are happening in this very hour. let's talk about stocks now as we do every 15 minutes. nicole petallides starts us off from the floor of the new york stock exchange. nicole: market picking up some steam. first i want to take a look at a mover and that is a k steel. they have come out with their numbers. the prices will likely decline. the steel company is under some pressure today. it is down over 8%. you can see here, right now, it is under some pressure. i want to take a look at the broader markets. the dow jones industrials at 12,884. still not at 13,000. we have lost some key levels that everyone was looking four. at the same time, we just got a pop here in the last half hour. do not forget, you have seen selling three weeks in a row. the 26th of october, almost a 2% loss. back to you. connell: thank you. dagen: the bush tax cuts exp
general caught up in the petraeus sex scandal. this time it's the man in charge of u.s. troops in afghanistan. and more than an affair? searching the home of mistress paula broadwell. >>> fashion faux pas. known for its runway shows but racism in the briefest of briefs? >>> we talk to michigan state head coach tom izzo live this hour. "newsroom" starts now. >>> and good morning from washingt washington. i'm carol costello. thank you so much for joining us. this morning, a shocking new development in the sex scandal that toppled one of the most respect respected men in washington. now it has snared another top general, john allen, commander of all international troops in afghanistan. today the feds are sifting through a mountain of e-mails and messages he traded with a woman named jill kelley. a mind boggling 20,000 to 30,000 pages and agents are searching for anything inappropriate. now here is the common link. that woman, kelley, jill kelley, she's the one who received harassing e-mails supposedly from petraeus' jealous mistress, paula broadwell. petraeus admits to the affair
chair kwame brown wille u.s. district court judge to learn his fate today. >> he resigned and pleaded guilty to bank fraud charges in june. melanie alnwick is live in northwest d.c. with the latest. >> reporter: good morning. you know, kwame brown actually has two sentencing hearings hearings today. the first in federal court on those bank fraud charged and then the second later this afternoon in d.c. superior court on campaign finance violation charges. now, as you mentioned, brown pleaded guilty in june. after a year-long investigation, the federal charges relate to providing false information on bank loan applications. one of the loan was for a 39- foot boat. brown also forged the signature of a friend on an application and doctored two forms to overstate his income by tens of thousands of dollars. the other charges go back to an audit by d.c.'s office of campaign finance. it found that brown's 2008 election campaign failed to report more than $400,000 in contributions an expenditures and that $239,000 wound up in the hands of a consulting company controlled by brown's brother. kwa
♪ >> wonderful! >> that's it for us, thanks for watching. "early start" begins now. the pentagon says the fbi uncovered between 20 and 30,000 pages of potentially between allen and jill kelly. the woman who triggered the petraeus probe after getting threatening e-mails from his mistress, paula broadwell. >> get this. "the wall street journal" reports the fbi agent who launched the petraeus investigation was removed from the case after it was discovered he sent a shirtless picture of himself to jill kelly. the agent who knew kelly sent the pictures before the investigation began. he was later removed from the investigation because supervisors were concerned the agent may have become obsessed with the case. >> and there's more. a team of fbi agents searching paula broadwell's home yesterday. eight to ten agents brought cardboard boxes and searched both levels of the house. the fbi confirmed agents were there but wouldn't say what they were looking for. >> obviously, a lot going on here. we have two reports. chris lawrence of the pentagon and brianna keeler in our washington bureau.
'll have a liveyj<ç reportn a few minutes. thanks for joining us at 6:00, i'm kristen sze. >>> i'm terry mcsweeney in for eric thomas. forecast is mild for this time of year. >>> we start with live doppler, keep the up -- umbrellas away. we are going to be milder as we need the afternoon hours compared to yesterday, we'll start around the bay where we are in the mid to upper 40s this morning, we'll be hanging around the upper 50s to low 60s for your lunch hour, mid to upper 60s by 4:00, a jacket will be required during the evening. less frost this morning, inland valleys, 37 to 41, near 60 at noon, mid 60s at 4:00, mid 50s at 7:00, if you are heading out to the coast, warmer in the 50° range this morning, 60 at noon, all the way to 4:00, then drop back into the 50s by 7:00, most of us have a mix of high clouds and sun, bright day also. let's get traffic. >>> wanted to show you the bay bridge toll, good morning happy tuesday, no metering lights yet a bit of delay you are paying cash heading into san francisco. couple of problems, two signature alert westbound somersville left lane blocked g
30. alex sav edge joining us live -- alex savidge joining us live from hayward to tell us which students are being targeted. >> reporter: good morning. many cal state students i talked with are frustrated by a fee proposal, especially a week after prop 30 passed. governor jerry brown scheduled to attend the csu board of trustees meeting that will happen later on today. they will likely be protests -- there are likely be protests. the frustration, fees. if student have more than certain number of students, they could face fees for repeating courses. the plan is to free up space to admit more than 16,000 knew students. one student i talked to said these fees could hurt. >> i could say the fees are definitely unfair. it's hard to sometimes be able to pay these fees and it gives us choices like what are we gonna do if we don't have the money? well, , if have the money, then we just -- if we don't have the money, then we just quit. it puts us in a position and it's not fair to us. >> reporter: csu says they view this more as a dearant and hope few -- deterrent and hope the students c
leaders and corporate ceos and ceos tell us you shake hands and walk out the door. we will see what kind of activity we get out of tomorrow but a lot of activity for lori rothman and melissa frances. melissa: how you get 77%? dennis: that is what he said. melissa: it is pretty funny. love to see these devotees dennis. had back. lori: i am lori rothman. melissa: i am melissa frances. will washington play ball or just bore all? president obama kicking up a busy week of meetings for the fiscal collected a. union leaders tomorrow ceos leading up to the meeting with congressional leaders on friday. so many meetings. lori: of the talks fail could we go over the fiscal click? our guest thinks so. they will feel that the most. melissa: a major reshuffle of who is in our out. lou dobbs joins us ahead. lori: are markets reacting that of the fiscal cliff? we head to the floor of the stock exchange with nicole petallides with modest gains. nicole: a green arrow, for all those folks who have seen the market selling off with an exception. we were down over 2%. we lost some of the earlier gains an
. finally, chancellor, you're a physicist. to remind us of that again today. as a physicist, you are used to experiments, but is it -- it's an experiment doesn't work shirley got to give up that experiment and try something else. when you see extremity and austerity policies, not saving money, i'm talking about extreme austerity. your to give up that experiment and move forward with growth, policy of growth, and investment and job creation. because those unemployment people, we have to do something for them. and there's used unemployment as well which is something we cannot sit back and accept. thank you. [applause] >> these are the. >> translator: -- [speaking in native tongue] >> translator: first of all, thank you for your intervention. you didn't read the it this afternoon but a few days ago, you said that the crisis could be over in five years, like in what was you said in the meeting. and i have to tell you i am by nature an optimist, but honestly i have to tell you, i have my doubts about it. and white? because all the measures we impose to have no effect, have no effect at all if
and the assassination of a u.s. ambassador and three others in cincinnati bengals. the former is a story that is changing by the minute. while the latter is being seen in a new light ahead of congressional hearings. we have fox team coverage tonight. intelligence correspondent catherine herridge looks at the matc machinations on capitol hill, and who knew what when. but first, jennifer griffin untangles the complicated relationships here. there are a lot of them. good evening. >> good evening, bret. in the military they call this literal damagcollateral damage. as of monday, c.i.a. director resigned over affair with his biographer. today we learn the top u.s. commander in afghanistan is implicated in the scandal as well as unnamed f.b.i. official who was taken off the case for becoming too involve involved. david petraeus's paramour seen in public for the first time since the affair was revealed friday. jogging in rain outside her brother's northwest home and later in suv. overnight, the defense secretary announced john allen, the commanderring general in afghanistan was also under inves
: remember, you can send us a clear message, post your comments on facebook, or send us an e-mail, journal@c-span.org. courtesy of the newseum, washington, front page of that newspaper and many of the newspapers this morning, including "the washington post," liberal groups prepare for an entitlement fight. this is what zachary goldfarb rights. -- writes. host: there is what president obama said in the past that he might do. we're turning to you outside washington today to get your take on this. can it be part of a grand bargain to avoid a fiscal cliff? bob, your first. caller: i never understood, when you are eligible of age to go on medicare, that that is the simultaneous with social security. i do not understand why those are staggered. for all the republicans out there, i agree, i am a fiscal conservative, that the very least to raise the eligibility age from 65 to 67 in medicare should absolutely be on the table. i would like to say, i do not get why we do not use our institutions, government institutions. to allow for people like myself, i pay about $7,000 per year out of pocket or an
may have been aware of the allegations before then. joining to us short it out is bret baier, host of "special report." bret? >> hi. the big story today the multiple threads of this investigation of the resignation of c.i.a. director general david petraeus. fox news can confirm that attorney general eric holder was informed in late summer that the f.b.i. was investigating general petraeus at that time. however, we're told that holder was not given details during that period. source tells us that is consistent with long-standing bureau policy not to brief congress or the white house in the middle of a criminal investigation. when it does notvo a security threat -- not involve a security threat. members of congress wanted to be briefed, they said. it appears the probe began when a petraeus family friend reported to the f.b.i. she was receiving anonymous threatening e-mails and investigators linked those e-mails to paula broadwell, the general's biographer. the tone of the e-mail suggested that broadwell perceived the woman as a romantic rival. the facebook reportedly discovered the a
, everybody. glad to have you with us. i'm jenna lee. rick: happy tuesday. i'm rick folbaum in for jon. controversy over the timeline of events over the petraeus investigation with members of congress wanting to know why the fbi didn't notify them and the white house until just recently when it began months ago. that investigation far from over. fbi searching the home of petraeus's alleged mistress, paula broadwell. after david petraeus resigned his post as america's top spy. the scandal is widening. the woman in yellow, jill kelly, alerting a friend of hers that works in the fbi to threatening e-mails she says she was getting turning out to come from broadwell, part of an investigation involving another high-profile member of the military. the top u.s. commander in afghanistan, john allen. the defense secretary leon panetta says the pentagon has launched an internal investigation into thousands of quote, inappropriate communications between general allen right there on the screen and that woman in yellow, kelly. chief intelligence correspondent catherine herridge live in washington. y
of schizophrenia, if you will, is it fiscal cliff, earnings, what is it out there for you today? >> get used to the schizophrenia and volatility. i talked about this last week with liz in fact on the show. this kind of volatility is going to be with us probably throughout the end of the year. you still have too many global macro as well as fiscal -- global macro overhangings as well as fiscal challenges here in the u.s. this will be punctuated supremely by the noises in the narrative coming out of washington. the president is meeting with business leaders or he's meeting with labor unions and nonprofits today. business leaders tomorrow. and then legislators on the third day. an interestingly enough there's no wall street or banking business leaders outside of american express and that group. i suppose elections have challenges when they happen, they have consequences when they happen. that's what we will see with these discussions. cheryl: you still stay market is oversold. if that were truly the case, why even on a day like today, when we were up almost 100 points and then boom a pullback,
correspondent has been following this from brussels, and he joins us now. is it clear yet if an increase will get this next tranche of bailout funds it is waiting for? >> it is not clear. after today's spat, greece is hoping that on the occasion of the next meeting, that could be cleared, but the problem is that some national governments -- sorry, some national parliaments, will have to approve this first. the timetable is tight. it is very difficult, and it was not at all clear from this meeting, which was dominated by the dispute between international monetary fund and the europe group ministers, just how quickly they could do that, but greece is saying it will be out of money, bankrupt, by friday november 16. they have got to raise money on international markets somehow, and they need the backing or at least the promise of that extra bailout to do that. it is a bit of a puzzle. >> how big is this difference of opinion we've been hearing about? >> big. what happened earlier today or late last night reflected the frustration in the international monetary fund at the constant pushing off
that to us. frankly, folks, i'm stunned, i really thought romney would win. now, i'll never get to see the inaugural ball and his first dance with refalca. ♪ at last, my love ♪ has come along fine, america, it's your funeral. we tried to warn you about this guy. a multimedia empire tell you he was a america hating socialism loving anti-wealth redistributor who was probably lying about his birth place and his religion. why did we pull our punches? i tell you what. we job creators are not going to take it. we are going golf. just like an ayn rand's "atlas shrugged" and leave you on an island where only you can live, manhattan. now think about this. just think this through, folks. now, "obamacare" is here to stay. ( cheers and applause ) sure, a single illness won't wipe out your life's savings. but at what cost? ( laughter ) a lower one. ( laughter ) and now you have to wait for hours in line for medical scare instead of immediately not getting any. oh and you think you own your house, mister. think again. everything belongs to the village now. when you get home tonight, it will be c
down slightly. but that doesn't stop us from looking for ideas on "mad money." yes, we have an entirely man made crisis. one that could not only cause a huge wave of firings and curtail retail spending dramatically, but it's also driving people out of a stock market where individual companies are giving you positives that would normally provide a tremendous backdrop to a higher market. you know there was a time when some good news over multiple sectors would produce a bountiful bull. yes, where enough good things occurred with individual companies that the sum total would produce overall gains in many stocks. we used to call this pin action. now we get nothing. no spillover. the one pin gets knocked down. and nothing else falls with it. let me just go over some of the good news, some of the knocked down one pins just today that are being obscured by this darn cliff walk. let me show you what you might have missed and will continue to miss until president obama convenes all the leaders of congress and sends them to camp david to hammer out an agreement in time for the holidays. don't you
a program about alleged child use by a former bbc star was dropped. the director general resigned following another report accusing another politician's sex abuse. >> is this the man to save the bbc? the broadcaster's crisis has claimed some senior staff. tim davies is charged with studying the ship. it was the flagship news program, "newsnight" that made two mistakes, wrongly accusing politicians. that led to the resignation of the director general. the new acting boss is trying to reestablish public faith. >> it has been a very difficult episode and the bbc it is all about trust. bbc needs to be trusted. if we have not got that we have not done anything. what i have done over the last day at has been a busy day, have focused on creating a simple change of command in the news and worked on how i can get assurances as the man in charge in the output we have to be trustworthy. >> that means a reshuffle. two senior executives, and her deputy have been asked to step aside for the time being. already there is a new headache. questions in parliament. his $700,000 severance package has been criti
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